Unisync (TSE:UNI) Shares Up 1.9% – Still a Buy?

Unisync Corp. (TSE:UNI) traded up 1.9% on Wednesday . The stock traded as high as C$2.62 and last traded at C$2.62. 400 shares changed hands during trading, a decline of 97% from the average daily volume of 13,186 shares. The stock had previously closed at C$2.57.

Unisync Stock Performance

The firm’s 50 day simple moving average is C$2.37 and its 200-day simple moving average is C$2.16. The company has a debt-to-equity ratio of 218.67, a quick ratio of 0.23 and a current ratio of 1.45. The company has a market capitalization of C$49.81 million, a price-to-earnings ratio of 12.48 and a beta of -0.34.

Unisync (TSE:UNI) last released its earnings results on Wednesday, August 12th. The company reported C$0.07 earnings per share (EPS) for the quarter. Unisync had a return on equity of 23.49% and a net margin of 4.38%.The company had revenue of C$23.65 million during the quarter. Analysts expect that Unisync Corp. will post 0.11 EPS for the current year.

About Unisync

Unisync operates through two business units: Unisync Group Limited (‘UGL’) with operations throughout Canada and the USA and 92% owned Peerless Garments LP (‘Peerless’), a domestic manufacturing operation based in Winnipeg, Manitoba. UGL is a leading customer-focused provider of corporate apparel, serving many leading Canadian and American iconic brands. Peerless specializes in the production and distribution of highly technical protective garments, military operational clothing, and accessories for a broad spectrum of Federal, Provincial and Municipal government departments and agencies.